Price for Chlorates; Other than Sodium in Hong Kong SAR - 2022

Contents:

  1. Price for Chlorates; Other than Sodium in Hong Kong SAR (FOB) - 2022
  2. Price for Chlorates; Other than Sodium in Hong Kong SAR (CIF) - 2022
  3. Exports of Chlorates; Other than Sodium in Hong Kong SAR
  4. Imports of Chlorates; Other than Sodium in Hong Kong SAR

Price for Chlorates; Other than Sodium in Hong Kong SAR (FOB) - 2022

In 2022, the average chlorates; other than sodium export price amounted to $1,824 per ton, rising by 67% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorates; other than sodium export price increased by +90.6% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +19.9% per year.

Price for Chlorates; Other than Sodium in Hong Kong SAR (CIF) - 2022

The average chlorates; other than sodium import price stood at $1,824 per ton in 2022, surging by 61% against the previous year. In general, the import price recorded a prominent expansion. The growth pace was the most rapid in 2021 when the average import price increased by 170% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +9.8% per year.

Exports of Chlorates; Other than Sodium in Hong Kong SAR

For the third year in a row, Hong Kong SAR recorded decline in shipments abroad of chlorates; other than sodia, which decreased by -70.1% to 15 tons in 2022. Over the period under review, exports recorded a sharp contraction. The smallest decline of -4.5% was in 2021.

In value terms, chlorates; other than sodium exports shrank remarkably to $27K in 2022. In general, exports recorded a significant decrease. The smallest decline of -11.5% was in 2021.

Export of Chlorates; Other than Sodium in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/AN/A27.40%
Thailand15.616.112.6N/A-10.1%
Guatemala18919.128.2N/A-61.4%
India22.923.014.0N/A-21.8%
Turkey18.2N/AN/AN/A0%
Others0.83.7N/AN/A362.5%
Total24661.954.827.4-51.9%

Top Export Markets for Chlorates; Other than Sodium from Hong Kong SAR in 2022:

  1. Argentina (15.0 tons)

Imports of Chlorates; Other than Sodium in Hong Kong SAR

For the third year in a row, Hong Kong SAR recorded decline in purchases abroad of chlorates; other than sodia, which decreased by -4.9% to 15 tons in 2022. Overall, imports showed a dramatic descent.

In value terms, chlorates; other than sodium imports soared to $27K in 2022. Over the period under review, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 113% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Chlorates; Other than Sodium in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.38.217.627.45.6%
Others0.30.20.3N/A0.0%
Total23.68.417.927.45.1%

Top Suppliers of Chlorates; Other than Sodium to Hong Kong SAR in 2022:

  1. China (15.0 tons)

Source: IndexBox Market Intelligence Platform

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